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Budget Target: Govt may get INR 250 bln-INR 300 bln more from STT in FY25, says fin min source

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Budget Target

Govt may get INR 250 bln-INR 300 bln more from STT in FY25, says fin min source

This story was originally published at 20:48 IST on November 13, 2024  Back
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The Indian government is hopeful of collecting another INR 250 billion to INR 300 billion from securities transaction tax in the remainder of 2024–25 (Apr–Mar), a senior finance ministry official said Wednesday. "Given the growth in investments and high equity trade volume, it is possible that the government can collect up to another INR 300 billion," the official told Informist on conditions of anonymity.

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